Midwest
Nothing helps business confidence more than five consecutive quarters of profit.
Panic Elsewhere Could Spell Opportunity for Commercial Real Estate
Midwest Deals Are Underrated
NEW YORK CITY-There are a lot of good properties to be had in the Midwest at discounted prices, says David Puchi, managing partner at Baceline Investments.
Real estate owners and investors need to be prepared for economic stagnation if not a contraction over the next several months.
The U.S. debt downgrade and the bumpy road of attempted resolutions to the European debt crisis have cast a cloud of uncertainty on the global economy but failed to tip the U.S. recovery. Amid the clouds of fear and uncertainty, fundamental economic activity has proven to be quite resilient as evidenced by the string of better-than-expected economic readings since Augusts onset of financial-market turmoil and the roller coaster ride in Europe.
Despite recent spike in rates, bottoming market conditions and an improving economy point to a once-in-a-decade investment opportunity.
Theres a number of people looking at new development opportunities, but the challenge remains cost, Segal says.
As a whole, the Midwest sector is underserved and largely untapped in the NNN leased niche.
Despite the recent spike, low interest rates are still a positive force for CRE investors.
A Familiar Recovery Pattern With a Twist
Contrarian investors should have great expectations for Class B and C assets.
What's happening in distressed commercial real estate loan resolutions now? My view is that there are many different deals being done, but they all seem to have hair on them.
Cushman & Wakefields Dieter
Theres been positive trends exports and manufacturing continue to show growth, railroad shipments show growth, and companies appear to show growth in income statements.
LEAWOOD, KS-Morgan Stanley Smith Barney LLC is relocating from Overland Park to Two Hallbrook Place in Leawood.
LINCOLNSHIRE, IL-A joint venture headed by Chicago-based Bridge Development Partners LLC has agreed to sell a four-story, 163,000-square-foot office building at 555 Aptakisic Road in Lincolnshire.
ST. LOUIS-New York City-based American Realty Capital Trust III Inc. has acquired the Express Scripts building situated in the NorthPark development from 4400 N. Hanley LLC.
The pace of growth is unlikely to accelerate further in the short to midterm.
CINCINNATI-Minneapolis-based Dominium has acquired The Courtyard Apartments in Cincinnati's Roselawn neighborhood for approximately $3 million.
Bel Brands Plans $100M New Cheese Factory
BROOKINGS, SD-The company will build a 170,000-square-foot manufacturing plant to literally make tons of Mini Babybel cheese.
CalSTRS Buys Center from Hocker for $78M
LOUISVILLE, KY-Hocker, in a partnership with Chicago-based Heitman, made a nice profit from when it bought the center less than three years ago for $42.4 million.
Real Estate Strategies invests $30M in Supertel
NORFOLK, NE-The REIT is quite comfortable with the investment by Real Estate Strategies and eagerly anticipates moving its business plan forward, president and CEO Kelly Walters tells GlobeSt.com.
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Look out for the full 2012 RealShare Conference Series schedule--COMING SOON!
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Upcoming Conferences
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RealShare APARTMENTS EAST
Multifamily's most influential and knowledgeable executives share their insights and outlooks for the marketplace at our upcoming first annual RealShare APARTMENTS EAST conference!
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Webinars
Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda
December 07
Critical issues impacting commercial real estate are coming up on the 2012 Congressional calendar, and their outcome collectively will impact all practitioners in this space. Top executives who know their way around Capitol Hill will share their thoughts on the direction this industry could take at the hands of our elected officials.
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Protect Your Portfolio From Seismic Risk
This video webinar, presented by GlobeSt.com Thought Leader Partner Engineering and Science, Inc., will give commercial real estate investors a thorough overview of seismic Probable Maximum Loss Reports (PMLs). These reports are especially important for those investing in real estate in areas that are at risk for earthquake damage.
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MIAMI-Resorts World Miami plans to create upward of 45,000 direct and indirect jobs, including 15,000 jobs in the construction sector alone.





